April 29, 2025
By Vincent Fultz | Radianer Generation
As the industry of the renewable energy accelerates-with the storage of solar and battery that is expected to be 81% of the new American electric-generating capacity in 2024 paints organizations how they manage enormous portfolios. SOL Systems, for example, manages its 7 GW portfolio of clean energy projects in North America, with precision and efficiency with the help of advanced asset management. This approach makes a quick response to operational changes possible, optimizes performance and offers tailor -made solutions for a wide range of customers, from commercial activities to landowners, easy. This focus on integrated project overview is essential to meet the rising requirements in the developing landscape of clean energy.
Visibility in the financial and operational impact of each project
Whether it is about building a new solar project, financing, purchasing or managing clean energy projects, there are many different moving parts that generate an enormous amount of data that required refined organization. Transparency, accountability and accessibility of data for stakeholders is the only way in which this large diverse portfolio companies can implement so many projects with precision and efficiency in every task to the dollar costs of every kilowatt hour (kWh).
Harvesting data is a complex task
“While you start building a renewable portfolio, you add more projects, you have unique investors and everyone has adjusted requirements. Centralizing all information in a single source of truth is of crucial importance for maintaining data integrity and quality,” said Adam Polis, Performance Engineering Manager at Sol -systems.
A request, such as a customer who signed a PPA for 40 years, is supplied with various tasks in that period – for example the dismantling plan that must take place six months prior to the termination date. “You must also take into account the fact that roles often change within and between organizations, where people switch to new roles or companies. This makes it crucial to have a central, accessible database to make reports and keep tasks and manage the various departments involved in each project,” Polis said.
There is also the challenge to process data data. For example, solar panels and monitoring equipment from different suppliers often produce data in different sizes and structures. Standardizing this heterogeneous data for consistent storage, processing and analysis is an important challenge.
“For us, Radian Digital is incredibly agile and flexible. We use different API integrations to collect data from all our different projects in a uniform platform. This allows us to check all assets and quickly identify when something goes wrong,” Polis said.
Know that every dollar / kWh is earned or lost
2023 was a historic year for expensive disasters due to extreme weather, with 28 weather and climate events in the US, which resulted in losses of $ 1 billion each. Although these large -scale malfunctions are devastating, several small disruptions in a large portfolio with renewable energy can also quickly increase. Sol systems gives a significant advantage of having the data to discuss quickly. If there is a failure of equipment, the software platform calculates the financial impact, making informed decisions possible about prioritizing repairs.
“Our goal is to measure the impact of every dropout and quickly quantify the impact of business business, so that we know where to use resources,” said Polis. “To give you an idea of the detailed level where we can drill, each inverter is worn -out and mapped on a nested hierarchy that has been broken down by the number of modules per combination box. The structure adapts based on various subcomponents, which applies precise correlation in the system. Fault is linked.
This data is converted into aggregated reports in the platform and policy can collect that information for each period and quantify the impact. This means that the repair schedule is determined by the Business Impact Analysis, not the Operations and Maintenance (R&M) provider. The Polis team can quickly provide detailed ticket information on the platform, so that the repair team has all the information that is needed to have the correct equipment on site to perform the repair.
“We do not want our O&M teams to give unintentionally priority to a component with a lower impact. By offering them this level of detailed intelligence, they get the knowledge and accountability for tackling what is most important is not only on items that have not solved for a while and that maintenance is that the list of a modern is, and the list of a modernity, and the list, and the list must be checked, and the list, and the list must be used, and the list of it is common,” Designed for renewable energy sources, enables us to get that level of detail and to make those critical decisions. ”
When reporting failure, Polis can characterize loss and with adapted fields and meet the requirements of each individual investor. Polis noted: “It is extremely powerful to be able to quantify the impact of a certain sub -component of a system with a granularness at minute level. The precision of this data allows us to deliver high -quality, adapted reports to our investors, with the flexibility to select every time frame that we need.”
Streamlining compliance and improved reporting options
Regardless of the type of project, Polis must generate different reports, including weekly operational reports that offer synthesized analysis of project and portfolio performance for different customers and investors, with requests that require answers on the same day.
By using the existing and centralized data in the platform, with the necessary calculations that have already been built in, Polis can easily export data to any format required for both external and internal reporting.
“Even one -off requests are easy to handle. If, for example, a stakeholder wants to compare the quarterly performance of one portfolio with the other, it only takes a few clicks,” Polis said. “Without all the data in one place, answering these types of questions can be almost impossible or so labor -intensive that a company would not assign the resources.”
With the rapidly growing portfolio of the company of operational assets and a growing development pipeline, the relationships, risks and information that must be communicated everywhere in the team and departments. Having access to all data on a single platform ensures that data is not siled, so that the entire team offers the information and reporting tools they need.
“I am pleased to come to work every day because of the impact that our company and industry have at local communities and the planet. Having the right tools to support our mission to speed up a fair transition to future energy makes this possible,” concluded Polis.
Vincent Fultz is an account manager at Radianer Generation. He cooperates with companies of renewable energy, and offers digital solutions and services that help with renewable energy activa -owners to manage and optimize their development piping and operational assets and to maintain compliance and security of regulations.
Tags: assets management, SOL systems
